Power Mech Projects Ltd (POWERMECH)

Power Mech Projects Ltd is an integrated power infrastructure services provider in India, offering erection, testing and commissioning of boilers, turbines, generators, balance of plant works, civil works, and operation and maintenance services. The company is well-known for executing major railway projects in India, and providing transmission and distribution services. Additionally, it has made its mark in countries such as Libya, Yemen, Kuwait, Oman, Saudi Arabia, Bangladesh, Nigeria, and Dubai. With a massive range of equipment 50 ton to 350 ton, and partnerships with reputable project developers and EPC contractors, the company is well-equipped to handle jobs with international standards of quality, safety and timelines. Power Mech has also integrated itself into the rural electrification segment, with an estimated project of Rs.400 Billion, and providing inputs for the high end manufacture of medical equipment in Andhra Pradesh as part of the ‘Make in India’ initiative. It also has a joint venture agreement with Shanghai Electric Power Generation Service Co. to repair and overhaul contracts in India’s power sector. With ISO certificates for Quality, OHSAS, and Environment Management Systems, the company is reliable and well-equipped to handle infra, installation, transmission and distribution services with ease. In the past years, it has made investments in building assets and divesting from JV companies, implying that the company holds potential and will continue to do so in the upcoming years.

Share Price: ₹5230.05 per share as on 29 Apr, 2024 04:01 PM
Market Capitalisation: ₹8,345.75Cr as of today
Revenue: ₹1,107.50Cr as on December 2023 (Q4 23)
Net Profit: ₹62.05Cr as on December 2023 (Q4 23)
Listing date: 26 Aug, 2015
Chairperson Name: S Kishore Babu